News: CHINAGOLDINTL's first quarter profit increased 1.75 times, setting a new historical high
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China Gold International Resources Corp. announced its first-quarter results for the period ending March 2026, with revenue increasing by 66% year-on-year to USD 453 million, and net profit soaring 1.75 times year-on-year to USD 236 million, setting a new historical high. Despite a 22% decrease in total gold production, profits from mining operations increased by 1.49 times year-on-year to USD 293 million due to rising gold prices. Management stated that the improvement in profitability was attributed to high metal prices and stable operations. The stock price fell slightly on Friday, closing at HKD 164.2
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